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Kraken vs OKX

VS

General

Platform
Kraken logo
OKX logo
Founded
Kraken 2011
OKX 2017
Headquarters
Kraken San Francisco, CA
OKX Seychelles
Availability
Kraken Worldwide
OKX Worldwide, some services unavailable in US

Fees & Financial

Bonus
Kraken Up to $100 USD with invite code: 5pkcpdcs
OKX Buy $100 in crypto, get $10 in BTC
Token
Kraken
OKX
Compounding
Kraken No
OKX Yes
Payouts
Kraken Weekly
OKX Varies
Fees
Kraken Yes
OKX
Lockup
Kraken
OKX None (flexible) to fixed terms
Maker Fee
Kraken 0.16
OKX 0.02
Taker Fee
Kraken 0.26
OKX 0.05

Cryptocurrency Rates

BTC Rate
Kraken 0.15%
OKX
BTC Max
Kraken
OKX
ETH Rate
Kraken 2.25%
OKX
ETH Max
Kraken 6.5%
OKX
Stablecoin Rate
Kraken 4.25%
OKX 2.62%

Pros

  • Offers on and off-chain staking
  • Full exchange services

Cons

  • Interest rate will vary (Kraken takes a flat 15% from staking rewards)

Pros

  • Full exchange services
  • Variety of products, including simple earn and staking

Cons

  • Flexible rates relatively low
  • Earn offering may be limited in the US